TONMAX: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TONMAX
Largest movements
- Receivables within one year +€66,950
up €66,950 (+421.4%), from €15,889 to €82,838
of which Trade receivables: +€40,673
- Cash +€23,164
up €23,164 (+453.6%), from €5,106 to €28,270
mainly Trade debts (+€50,293) and Net result for the year (+€33,661)
- Tangible fixed assets +€6,924
up €6,924 (+55.2%), from €12,548 to €19,471
of which Furniture and vehicles: +€9,751
- Trade debts +€50,293
up €50,293 (+583.4%), from €8,621 to €58,913
- Profit (loss) carried forward +€15,661
up €15,661, from -€15,567 to €94
- Other debts +€11,400
new in 2025: €11,400
- Tax, wage and social debts +€8,347
up €8,347 (+127.7%), from €6,537 to €14,884
of which Taxes: +€13,977
- Reserves +€6,000
up €6,000 (+15.6%), from €38,360 to €44,360
of which Distributable reserves: +€6,000
- Gross operating margin +€47,230
up €47,230 (+544.8%), from €8,669 to €55,899
- Taxes +€13,312
up €13,312 (+11134.1%), from €120 to €13,432
- Other operating charges -€3,282
down €3,282 (-57.0%), from €5,760 to €2,478
- Depreciation +€1,510
up €1,510 (+25.8%), from €5,851 to €7,361
- Financial income +€994
up €994 (+249.2%), from €399 to €1,392
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,100 | €141,851 | +€95,751 | +207.7% |
| Fixed assets | 21/28 | €13,105 | €20,029 | +€6,924 | +52.8% |
| Tangible fixed assets | 22/27 | €12,548 | €19,471 | +€6,924 | +55.2% |
| Plant, machinery and equipment | 23 | €8,305 | €5,477 | -€2,827 | -34.0% |
| Furniture and vehicles | 24 | €4,243 | €13,994 | +€9,751 | +229.8% |
| Financial fixed assets | 28 | €557 | €557 | = | 0.0% |
| Current assets | 29/58 | €32,995 | €121,823 | +€88,827 | +269.2% |
| Amounts receivable within one year | 40/41 | €15,889 | €82,838 | +€66,950 | +421.4% |
| Trade receivables | 40 | €703 | €41,376 | +€40,673 | +5783.7% |
| Other amounts receivable | 41 | €15,185 | €41,462 | +€26,277 | +173.0% |
| Cash at bank and in hand | 54/58 | €5,106 | €28,270 | +€23,164 | +453.6% |
| Deferred charges and accrued income | 490/1 | €12,000 | €10,714 | -€1,286 | -10.7% |
| Total equity and liabilities | 10/49 | €46,100 | €141,851 | +€95,751 | +207.7% |
| Equity | 10/15 | €30,043 | €51,704 | +€21,661 | +72.1% |
| Contributions | 10/11 | €7,250 | €7,250 | = | 0.0% |
| Outside capital | 11 | €7,250 | - | -€7,250 | |
| Other | 1109/19 | €7,250 | - | -€7,250 | |
| Reserves | 13 | €38,360 | €44,360 | +€6,000 | +15.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €36,500 | €42,500 | +€6,000 | +16.4% |
| Profit (loss) carried forward | 14 | -€15,567 | €94 | +€15,661 | |
| Amounts payable | 17/49 | €16,058 | €90,147 | +€74,089 | +461.4% |
| Amounts payable within one year | 42/48 | €15,158 | €85,197 | +€70,039 | +462.1% |
| Trade debts | 44 | €8,621 | €58,913 | +€50,293 | +583.4% |
| Suppliers | 440/4 | €8,621 | €58,913 | +€50,293 | +583.4% |
| Taxes, remuneration and social security | 45 | €6,537 | €14,884 | +€8,347 | +127.7% |
| Taxes | 450/3 | - | €13,977 | +€13,977 | |
| Remuneration and social security | 454/9 | €6,537 | €908 | -€5,630 | -86.1% |
| Other amounts payable | 47/48 | - | €11,400 | +€11,400 | |
| Accrued charges and deferred income | 492/3 | €900 | €4,950 | +€4,050 | +450.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,851 | €7,361 | +€1,510 | +25.8% |
| Other operating charges | 640/8 | €5,760 | €2,478 | -€3,282 | -57.0% |
| Gross operating margin | 9900 | €8,669 | €55,899 | +€47,230 | +544.8% |
| Operating profit (loss) | 9901 | -€2,941 | €46,061 | +€49,002 | |
| Financial income | 75/76B | €399 | €1,392 | +€994 | +249.2% |
| Recurring financial income | 75 | €399 | €1,392 | +€994 | +249.2% |
| Financial charges | 65/66B | €175 | €360 | +€185 | +106.0% |
| Recurring financial charges | 65 | €175 | €360 | +€185 | +106.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,717 | €47,093 | +€49,810 | |
| Income taxes | 67/77 | €120 | €13,432 | +€13,312 | +11134.1% |
| Profit (loss) for the period | 9904 | -€2,837 | €33,661 | +€36,498 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,837 | €33,661 | +€36,498 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.